Fetch.ai / ASI Network

FET CMC #95 in the snapshot

A native blockchain within the ASI ecosystem that records payments, staking, and smart-contract activity associated with software agents and decentralized services.

Profile checked 14 Nov 2026Asset ranks captured 14 Nov 2026Snapshot & methodology ↗

01 / THE PURPOSE

What is Fetch.ai / ASI Network for?

The Fetch ledger provides a settlement and coordination layer for applications and agents. The wider ecosystem also includes off-chain agent software, discovery, and service tools; those components should not be confused with the blockchain itself.

02 / THE ARCHITECTURE

Three questions about the machinery.

How does it agree?

Consensus & security

The native mainnet uses proof-of-stake validators and delegation. Its Cosmos-based infrastructure records agreed transactions; consensus does not independently rerun or certify every AI task performed by an off-chain agent.

Where do instructions run?

Execution model

CosmWasm-enabled contracts and ledger operations support application state and payments. Agent frameworks can communicate and run tasks outside the chain, calling the ledger when a registration, transfer, or contract interaction requires it.

What is the token for?

FET in the system

Native FET pays network transaction fees and supports staking and services. An ERC-20 representation also exists on Ethereum, so the same ticker does not identify the network or token form being used.

03 / THE DESIGN CHOICES

What comes with the design?

Each architecture makes choices about security, performance, coordination, and who can participate.

Successful settlement does not prove that an agent’s output is correct, useful, or free of manipulated information.
Native FET and Ethereum FET require different network handling; moving between forms introduces bridge dependencies.
Agent discovery and hosted interfaces add operational dependencies beyond the native validator network.

04 / IN PRACTICE

Follow one use.

An agent registers its service information and pays a ledger fee with native FET. It then performs a task off-chain and can use a later transfer to settle payment; the ledger records the payment, not the quality of the work.

05 / CHECK THE EXPLANATION

Sources & snapshot.

Network descriptions use the references below. The CoinMarketCap snapshot determines which assets are in scope and their captured rank; it does not assess the quality of a network.

Fetch Ledger Fetch.ai / ASI Network Docs
Native and ERC-20 FET tokens Fetch.ai / ASI Network Docs
The ASI Network architecture Fetch.ai / ASI Network Docs
CoinMarketCap top 100 snapshot Captured 14 Nov 2026 · See the complete scope audit
Artificial Superintelligence Alliance (FET) on CoinMarketCap Captured asset rank #95

Profile checked 14 Nov 2026. Network designs and ranked positions can change.